thanh tuyen
19/05/2025
Investing in cryptocurrency is lucrative, but it is not without risk. To go the long way, beyond solid knowledge, selecting a reputable exchange is a prerequisite. With hundreds of platforms on the market, finding a suitable, safe, and easy-to-use exchange is not easy. If you are a novice struggling to find the right exchange, you have landed in the right place. This article will help you understand the criteria for choosing a cryptocurrency trading platform and suggest reliable names that you can consider.
The crypto market is becoming increasingly popular among investors. It offers great potential returns, but also comes with plenty of risks. Many new investors believe that success depends solely on deciding the right coin. But in fact, selecting which platform you use to buy, sell, and store your assets is just as important, if not more so.
It is easy to imagine a not-so-good scenario where you are new, without much experience, and unknowingly deposit your funds into an exchange that lacks proper security or transparency. If that exchange has problems, fraudulent activities, or worse - collapses, all your assets - sweat and effort - can "evaporate" in the blink of an eye. So, before dreaming of profits, think about safety. A trusted, beginner-friendly crypto exchange does not just simplify the trading process, it gives you peace of mind. Especially for newbies, when everything is still confusing, a friendly, trustworthy platform will help you access more easily, limit unnecessary mistakes, and avoid the feeling of confusion when operating for the first time.
Trading crypto sounds exciting, but jumping in without preparation often causes costly mistakes. This is not a game of luck. Success starts with proper preparation and a clear plan.
Start by taking time to understand the basics. Sure, there are various things to learn, which may feel overwhelming, but do not rush. You do not need to master everything right away. Begin with foundational knowledge, like cryptocurrency trading strategies, depositing and withdrawing funds, placing buy/sell orders, and observing market trends. You do not need to be an expert overnight, but understanding the basics can prevent avoidable risks.
Next, start with a small amount of capital to get acquainted. Avoid pouring all your capital into the dream of 10 times your assets or chasing coins that are being hyped on social media. Remember, you are just starting. Your goal is to gain experience, not to get rich overnight. Using a small amount of money to experience will help you reduce pressure but still gain experience, and if there is any mistake, the damage is not too big.
New investors are often heavily influenced by social media. Lacking knowledge and experience, they typically do not have clear opinions, leading to easy hesitation and making decisions just because of "hearing people say". But in reality, when you buy because of "hearing people say", you do not understand what you are doing, and will often buy at the right time when others are selling. Rather than blindly following the crowd, focus on filtering crypto news and information from trusted sources. Take the time to analyze market conditions carefully and base your decisions on your own thoughtful assessment.
Finally, select an exchange to begin your journey. Start by defining your needs and goals, then pick a suitable platform. Do not try too many platforms at once because it only confuses you. Stick with one trusted platform at first. As you gain confidence and your needs evolve, you can explore other options later. So what kind of exchange is suitable for newbies? Let’s dive into that in the next section.
With hundreds of exchanges on the market, finding a platform that suits your needs is not easy. However, considering the following criteria can make this process simpler and faster.
In the highly volatile cryptocurrency market, credibility should be your top priority. Exchanges licensed in major jurisdictions like the U.S., Singapore, Japan, or the EU are generally considered reliable because they must at least comply with strict financial and user protection regulations in these demanding markets. Additionally, licenses from respected regulatory bodies such as the FCA (UK), CySEC (Cyprus), MAS (Singapore), or AUSTRAC (Australia) are major advantages. These licenses show that the exchange adheres to strict financial standards, from asset protection to anti-money laundering practices. Trusted exchanges are also not afraid to publicly identify the founding team and have a transparent whitepaper. Consider it a red flag if there is little or no information about who runs the exchange.
Cryptocurrencies are always a target for hackers. Therefore, the next priority should be security. A safe exchange must have multi-layer protection for your account. At a minimum, check whether the platform supports two-factor authentication (2FA). This is a basic step to prevent others from logging into your account even if they have your password. Additional features like login alerts and anti-phishing codes are signs of a platform that takes security seriously. Do not forget to research the exchange’s security history: Has it ever been hacked? How did they handle it? Did they compensate users? These are crucial questions to ask before entrusting your money to any platform.
If you are a newbie, avoid platforms with complex designs and advanced features; it will only make trading cryptocurrencies seem more difficult than ever. The ideal exchange for beginners should have a clean, intuitive interface, with clear steps for depositing/withdrawing funds and placing trades. You should choose platforms with a clear support center, detailed instructions, or at least an intuitive FAQ section to answer common questions.
Trading fees directly affect your profits, so do not overlook them. Each exchange has its own fee structure and rates. Prioritize exchanges that publish clear and transparent fee policies, offer competitive trading fees, and ideally provide promotions or discounts for new users. Research carefully to avoid hidden fees, which can eat into your returns without realizing it. Do not underestimate trading fees; while each transaction might only cost a small amount, they can significantly reduce your gains over time.
The cryptocurrency market is notoriously volatile, and delays can sometimes cause you to miss out on lucrative opportunities. That is why liquidity is a crucial factor. Exchanges with high liquidity process trades quickly, making it easy to trade without missing out on a bargain. On the other hand, low-liquidity exchanges can leave you stuck with unfilled orders, or worse, force you to sell at a much lower price. If you plan to engage in short-term trading, high liquidity should be one of the top priorities.
Based on the criteria above, here are three standout names widely chosen by new investors. If you are just entering this market, refer to Binance, Biget, and Kucoin. These are all names that have been affirmed in the international market.
Binance is a name that everyone in the cryptocurrency world probably knows. Binance is currently the world's largest exchange in terms of both trading volume and number of users. As of 2025, it recorded a daily trading volume of about 64.58 billion USD and over 250 million users. Binance is regarded as one of the safest cryptocurrency exchanges in the industry, employing two-factor authentication (2FA), effective risk management, and a publicly disclosed SAFU insurance fund to protect user assets.
Binance’s strength also lies in its extremely competitive fees, starting at just 0.1%. Fees are even discounted by 25% for those who pay with BNB tokens. With an intuitive interface, Binance enables novices to easily perform basic tasks like depositing, withdrawing, and trading coins within minutes of getting used to it. If you are not good at English, rest assured, Binance supports over 50 languages, breaking down language barriers and boosting your confidence while trading. For newbies, Binance Lite delivers a simplified interface, reducing overwhelm from too many advanced features.
Open a Binance account and start your trading journey today!
The next name on the list is Bitget - the world’s second-largest crypto exchange by user base, with over 120 million global registered users. It is also known as the largest crypto copy trading platform. Besides requiring two-factor authentication and KYC identity verification, Bitget stands out in security by partnering with Bitgo to safeguard digital assets. Comparable to Binance, Bitget maintains an insurance fund worth $672 million (as of 2025) to compensate users in case of security breaches. Bitget’s credibility is further solidified by operating under international standards with licenses from major regulatory agencies in the United States, Canada, and Singapore.
Transaction fees on Bitget vary depending on the type of trade but are generally reasonable within the industry. The platform charges 0.1% for spot trading, 0.02% (maker), 0.06% (taker) for futures trading. With a user-centered approach, Bitget continually listens to feedback and improves to provide a smooth, hassle-free trading experience - ideal for accompanying you on your first steps in the crypto market.
Open a Bitget account and start your trading journey today!
Although not as famous as Binance and Bitget, Kucoin remains one of the top choices for new investors. It has expanded its operations to more than 200 countries, serving 40 million investors worldwide. The exchange prides itself on a diverse portfolio of over 900 coins, offering users plenty of options. Kucoin prioritizes user security by implementing advanced protections, including two-factor authentication and cold storage for assets, giving users peace of mind when trading on the platform.
Kucoin’s interface is designed to be intuitive and easy to understand, making it easy for users to navigate, even for beginners. It is accessible on multiple devices such as desktops, laptops, smartphones, and tablets, allowing you to trade comfortably anytime, anywhere.
Open a Kucoin account and start your trading journey today!
Whether you are just starting to learn about crypto or preparing to make your first trade, selecting a reputable and suitable exchange will greatly impact your experience and security. Start with the basic criteria, make practical comparisons, and do not rush to follow the crowd or trends. A trusted platform not only ensures peace of mind during cryptocurrency trading but also serves as a foundation for you to learn, grow, and advance further on your crypto journey.
Thank you for spending your time reading this article.
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